"I've been long both for a long time," he said. "Yahoo, when it gets past or through $50, I'm out of that trade, but I think Alibaba does go higher over time. That's one I think you put in the drawer, Regis. Don't look at it. It bobs around, a little bit of volatility. I think this ultimately goes to $150."

"I played with Tesla," he said. "When it got real deep, real low. And then went up high. Made a lot of money. But all of a sudden it goes up and down, up and down. I'm waiting for it to go down that low again. It hasn't."

Private Advisor Group's Guy Adami liked the trade.

"I think Tesla's headed up toward $300," he said. "Two-twenty-five has been the level to trade against. It had a decent day today. I still think the trend's to the upside."